External broker reports(aggregated public sources), International Securities

International Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>NMDC Energy posted record 4Q24 shareholders’ profits of AED503mn, up 35% YoY and 25% QoQ.</li><li>The board recommended cash dividend of AED0.14/share, dividend yield of 4.9%. The result came in higher than our estimates. </li><li>In FY24, NMDC Energy’s revenues jumped by 82% YoY to AED14.4bn while shareholders’ </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

NMDC Energy posted record 4Q24 shareholders’ profits of AED503mn, up 35% YoY and 25% QoQ.The board recommended cash dividend of AED0.14/share, dividend yield of 4.9%. The result came in higher than our estimates. In FY24, NMDC Energy’s revenues jumped by 82% YoY to AED14.4bn while shareholders’ Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

NMDC Energy - 4Q24 Earnings up 35% YoY (+25% QoQ) To AED503mn